Sunday, 22 December, 2024

Category: Business


Following his emergence as the National President of the National Union of Road Transport Union, NURTW, Musiliu Akinsanya popularly known as MC Oluomo has been sworn in at the union’s national secretariat in Abuja. DAILY POST reports that Oluomo was elected Read more…


After weeks of protracted negotiations, the Independent Petroleum Marketers Association of Nigeria, IPMAN, announced on Monday that it reached an agreement with Dangote Refinery for its members to directly lift petrol from the facility. IPMAN’s National President, Abubakar Maigandi Shettima, Read more…


The backlash from plans by President Bola Tinubu to reform the tax administration in the country is yet to abate, following fresh plans by state governors of northern extraction and members of the National Assembly from the region to scuttle Read more…


The Naira depreciated against the dollar on Friday at the foreign exchange market to end the week on a negative note. FMDQ data showed that the weakened to N1678.87 per dollar on Friday from the N1639.50 exchange rate on Thursday. Read more…


The management of Pinnacle Oil and Gas Limited has reacted to a story authored by Dangote Refinery wherein it suggested that the its facility in Lekki was being used to warehouse substandard petrol. The company, in a statement, punctured Dangote’s claims, Read more…


For the second time in less than 48 hours, the national grid has collapsed again, plunging the country into another round of darkness. The system glitch, which happened around 11:28am on Thursday, is the second this week and 10th incident Read more…


There seems to be no let off for the Group Chief Executive Officer (GCEO) of the Nigerian National Petroleum Corporation Limited (NNPCL), Mallam Mele Kyari, as more groups have signed up to join the two-million-man protest against his continued occupation Read more…


Meter Asset Providers (MAP) have increased the prices of prepaid electricity meters, marking the second price increase in barely four months. This revision follows an earlier price increase in August 2024, deepening concerns among electricity users regarding the growing cost Read more…


Three major oil marketers in the country, yesterday, asked the Federal High Court in Abuja to stop what they described as plot by Dangote Petroleum Refinery and Petrochemicals FZE, to monopolise the energy sector of the economy. The marketers, including Read more…


…To Sponsor Good Samaritan Day for the Needy By Uzo Ugwunze The Caretaker Chairman New Auto Spareparts International market Nkpor, Chief Stephen Obiora Oforleh has commended Governor Chukwuma Soludo of Anambra State for finally commencing the installation of Solar powered Read more…


The Minister of the Federal Capital Territory, FCT, Nyesom Wike, has said that traders at the Apo Mechanic Village will have no choice but to relocate for the interests of the public. Wike made the declaration during the inspection of Read more…


A large crowd of activists flooded Abuja’s Three Arms Zone, yesterday, demanding sweeping reforms in the oil sector. Organised by the APC Solidarity and Development Forum and comprising youth and civil society organisations, the protesters expressed frustration over soaring fuel Read more…